0 results for 'Thornton Law Firm LLP'
Must Experts Duke It Out Before Class Certification?
In their Employment Law feature, Weil, Gotshal & Manges partners Jeffrey S. Klein and Nicholas J. Pappas discuss the differing views offered by the courts regarding the requirements for full 'Daubert' reviews at the class certification stage, which will likely herald continued disagreement by various circuits.Fourth Circuit Sidesteps 'Stoneridge' In Case Against Investment Advisor
Robert J. Malionek, a partner at Latham & Watkins, writes that on May 7, 2009, the U.S. Court of Appeals for the Fourth Circuit reversed the dismissal of a �10(b) securities fraud action brought by shareholders of a concern against the concern's investment advisor, even though the advisor did not make the allegedly fraudulent statements. The Fourth Circuit held that, even though the alleged misstatements were made in prospectuses issued by subsidiary fund companies, all of which have separate management, and even though no statements in the prospectuses were attributed to the advisor, it is reasonable for the public to infer that the statements were sufficiently "made" by the advisor to give rise to �10(b) liability against it.View more book results for the query "Thornton Law Firm LLP"
Commentary: In light of 'Wal-Mart,' D.C. Circuit should correct its approach to class actions
In recent years, the U.S. Court of Appeals for the D.C. Circuit has become a surprising outlier in allowing district courts to certify class actions without ensuring all of the requirements under Federal Rule of Civil Procedure 23 are in fact met. The U.S. Supreme Court's recent decision in Wal-Mart Stores Inc. v. Dukes has made the D.C. Circuit's position untenable, however, and it should be corrected sooner rather than later.Cite as: United States of America v. Quest Diagnostics Incorporated, 05 Civ. 5393 (RPP), NYLJ 1202489464719, at *1 (SDNY, Decided March 24, 2011)District Judge
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